HOUSTON–Transwestern's Houston headquarters has announced it has pre-leased 15,469 square feet at LaCenterra at Cinco Ranch Phase III, located at 2717 Commercial Center Blvd. in Katy. Regus will occupy 12,373 square feet and Cook Realty Group LLC has leased 3,096 square feet.
Transwestern vice president Louann Pereira and senior vice president Paul Wittorf represented the building owner, a partnership between Vista Cos. and Amstar.
“With the continuing expansion of the Grand Parkway, Katy has become an even more established submarket with direct access to Sugar Land and new developments to the north,” Pereira told GlobeSt.com.
Phase III consists of 36,353 square feet of office space, which is currently 43.2 percent pre-leased, and 36,607 square feet of ground-floor retail space that will house Katy's first Trader Joe's location in 12,500 square feet.
The building is pre-certified LEED Silver by the U.S. Green Building Council (USGBC) under the Leadership in Energy and Environmental Design (LEED) for Building Design and Construction rating system. The final component of the office development, Phase IV, is a proposed 75,000 to 150,000-square-foot building expected to break ground next year.
LaCenterra at Cinco Ranch sits on a 34-acre, mixed-use development with 242,000 square feet of retail space and is highlighted by lush landscaping, water features and outdoor common areas. The development is located directly on the Grand Parkway, three miles south of Interstate 10, with convenient access to the Westpark Tollway.
Elliott Hirshfeld and Mike Kay with CBRE represented Regus in the transaction, and Les Stretch with Keller Williams Realty represented Cook Realty Group.
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